These are the ten worst-performing stocks in September

You’re reading Entrepreneur United States, an international franchise from Entrepreneur Media. This story originally appeared on ValueWalk

Buying stocks when there is a downturn is one of the most popular investment strategies. Such a strategy allows investors to get into the stocks when they are in the red, which gives them more chances of getting higher returns. However, investors need to be confident that the stock is undervalued and has strong fundamentals. As every month, there were many stocks in September that lost massively. Such stocks can offer investors the opportunity to make great returns. If you have plans to invest in stocks like this too, here are the top ten worst-performing stocks in September to help you make a choice.

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Ten worst performing stocks in September

We referenced the last 30-day return data (from finviz.com) to determine the top ten worst-performing stocks in September. For our list, we’ve only included stocks with a market cap greater than $ 10 billion. These are the ten worst-performing stocks in September:

  1. BHP group (-19%)

Founded in 1885, the company researches, produces, develops and processes iron ore, metallurgical coal and copper. BHP Group Ltd (NYSE: BHP) has the following businesses: iron ore, petroleum, coal and copper. Stocks are down more than 18% YTD and over 27% over the past three months. The company had sales of over $ 81.53 billion in 2020, down from $ 64.04 billion in 2019. BHP Group is headquartered in Leawood, Kansas.

  1. AMC Entertainment holdings (-19%)

The company, founded in 1920, deals with the theater exhibition business. AMC Entertainment Holdings Inc (NYSE: AMC) has the following businesses: US Markets and International Markets. Its stocks are up more than 1700% YTD but are down more than 25% in the past three months. The company had sales of over $ 1.24 billion in 2020, up from $ 5.47 billion in 2019. AMC Entertainment is headquartered in Leawood, Kansas.

  1. Lufax Holding (-19%)

Founded in 2005, it is a personal financial services platform that provides personal credit and wealth management solutions. Stocks are down more than 50% year-to-date and over 35% in the past three months. Lufax Holding Ltd (NYSE: LU) had sales of over 8.3 billion US dollars in 2020, compared to 7.16 billion US dollars in 2019. Lufax Holding is headquartered in Shanghai, China.

  1. Game stop (-20%)

Founded in 1996, the company sells consumer electronics, multi-channel video games and wireless services. GameStop Corp. (NYSE: GME) has the following businesses: Australia, Europe, USA and Canada. Its stocks are up more than 800% YTD but are down more than 18% in the past three months. The company had sales of over $ 5.09 billion in 2020, down from $ 6.47 billion in 2019. GameStop is headquartered in Grapevine, Texas.

  1. Just eat Takeaway.com (-20%)

Founded in 2000, the company owns and operates grocery delivery websites. It essentially connects consumers and restaurants in European countries and Israel. Shares are down more than 19% in the past three months. Just Eat Takeaway.com NV (NASDAQ: GRUB) had sales of over $ 2.04 billion in 2020, up from over $ 415.88 million in 2019. Just Eat Takeaway.com is headquartered in Amsterdam , Netherlands.

  1. Tough (-22%)

Founded in 2011, the company provides veterinary medicines, feed, treats and other products and services for animal health. Stocks are down more than 26% YTD and over 17% over the past three months. The company had sales of over $ 7.15 billion in 2020, down from $ 4.85 billion in 2019. Chewy Inc (NYSE: CHWY) is headquartered in Dania Beach, Florida.

  1. Marqueta (-24%)

Founded in 2010, the company develops digital payment technologies. Marqeta Inc (NASDAQ: MQ) is developing a modern card issuing platform as well as infrastructure and tools for developing configurable payment cards. Shares are down more than 25% in the past three months. The company had sales of over $ 290 million in 2020, up from over $ 143 million in 2019. Marqeta is headquartered in Oakland, California.

  1. Agilon health (-25%)

Founded in 2016, the company provides existing clinician groups with the capital, skills and business model to build a Medicare-focused business. It focuses on a total care model. Shares are down more than 34% in the past three months. The company had sales of over $ 1.22 billion in 2020, up from over $ 794 million in 2019. Agilon Health Inc (NYSE: AGL) is headquartered in Long Beach, California.

  1. StoneCo (-25%)

Founded in 2000, it is a financial technology solutions company. StoneCo Ltd (NASDAQ: STNE) serves companies using e-commerce across in-store, online and mobile channels. Stocks are down more than 58% since the start of the year and more than 50% in the past three months. The company had sales of over $ 297 million in 2020, up from $ 279 million in 2019. StoneCo is headquartered in George Town, Cayman Islands.

  1. Vale SA (-27%)

Founded in 1942, the company manufactures and exports iron alloys, iron ore, manganese and pellets. Vale SA (NYSE: VALE) has the following business segments: Base Metals, Coal and Iron Minerals. Stocks are down more than 14% since the start of the year and more than 36% in the past three months. The company had sales of over $ 208 billion in 2020, compared to over $ 148 billion in 2019. Vale SA is headquartered in Rio de Janeiro, Brazil.


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